ACADEMIC CONSORTIUM FOR GLOBAL EDUCATION INC

EIN: 043365667 501(c)(3) Education

CAREFREE, AZ

Total Revenue
N/A
Total Expenses
$97,892
Total Assets
$93,730
Net Assets
$-472,486
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
VA
Principal Officer
EDWARD S TWARDY
Phone
4805750812
Tax Period
2022-01-01 to 2022-12-31

Mission

THE CONSORTIUM WAS FORMED FOR THE PURPOSE OF PROVIDING EDUCATIONAL AND TRAINING PROGRAMS TO PEOPLE THROUGHOUT THE WORLD USING A VARIETY OF LEARNING DELIVERY SYSTEMS. THE CONSORTIUM WILL IDENTIFY AND RESPOND TO NEW NEEDS AND NEW OPPORTUNITIES INCLUDING BASIC AND APPLIED RESEARCH, TECHNICAL ASSISTANCE AND TRAINING FOR EDUCATIONAL PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,084
Fundraising Expenses $0
Program Expenses $65,476
Other Expenses $43,808
TOTAL EXPENSES $97,892

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $119,373 -1.0%
Expenses $97,892 $255,970 -0.6%
Net Income N/A $-136,597 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY CLIFFORD DIRECTOR N/A
Director
$0 $0 $0
TOM GUSTAFSON DIRECTOR N/A
Director
$0 $0 $0
JAMES PAPPAS TREASURER N/A
Officer Director
$0 $0 $0
JAMES RYAN DIRECTOR N/A
Director
$0 $0 $0
EDWARD S TWARDY PRESIDENT N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 No data $97,892 $93,730 No data
2021 $119,373 $255,970 $88,284 $-136,597
2020 $269,525 $390,827 $72,851 $-121,302
2019 $786,935 $877,713 $136,309 $-90,778
2018 $1,137,878 $1,134,453 $57,367 $3,425
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